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Bloomberg Quint

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Image Credit: Bloomberg Quint

China Drops To No. 3 Holder Of Treasuries, Behind UK

  • China has dropped to the third position as a holder of US Treasuries, with the UK surpassing it as the No. 2 overseas owner.
  • Foreign purchases of US Treasuries saw a second consecutive increase in March, reaching a new record high before the turmoil in April.
  • Total overseas holdings of US Treasuries rose to $9.05 trillion, with the UK overtaking China for the first time in over two decades.
  • Japan, the UK, Canada, Belgium, and the Cayman Islands were among the countries that saw their holdings of US Treasuries rise in March.

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